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Old Republic InternationalORI -0.40%84 Forward Rate of Return (Yacktman) % is 9.15% as of Jun. 2026, which is 47% below its 10-year median of 17.36. GuruFocus rates ORI with a GF Score™ of 84/100 and a GF Value™ of $39.09 (Fairly Valued). The stock has 6 warning signs investors should review. Among 280 Insurance companies, Old Republic International ranks worse than 68.93% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Old Republic International's forward rate of return for was 9.15%.
The historical rank and industry rank for Old Republic International's Forward Rate of Return (Yacktman) % or its related term are showing as below:
ORI'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 2.69 Med: 17.36 Max: 36.01
Current: 8.83
During the past 13 years, Old Republic International's highest Forward Rate of Return was 36.01. The lowest was 2.69. And the median was 17.36.
ORI's Forward Rate of Return (Yacktman) % is ranked worse than 68.93% of 280
companies
in the Insurance industry
Industry Median: 17.025
vs ORI: 8.83
Unlike the Earnings Yield %, the Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Old Republic International (NYSE:ORI) Forward Rate of Return (Yacktman) % Explanation
Unlike the Earnings Yield, the Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
For the growth part of the Forward Rate of Return calculation, GuruFocus uses the 5-year average growth rate of EBITDA per share as the growth rate, and the growth rate is always capped at 20%. For the Free Cash Flow we use per share data averaged over five years. The reason we use five years is to make it comparable to the growth rate.
Be Aware
In the Forward Rate of Return calculation, the growth rate is added directly to today's free cash flow yield. Therefore the calculation is reliable only if the company can grow at the same rate in the future as it did in the past. Investors should pay close attention to this when researching growth stocks. A more accurate measurement for return is Return on Capital.
Old Republic International Forward Rate of Return (Yacktman) % Related Terms
Old Republic International Forward Rate of Return (Yacktman) % Historical Data
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The historical data trend for Old Republic International's Forward Rate of Return (Yacktman) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Old Republic International Forward Rate of Return (Yacktman) % Chart
ORI vs AFG, KNSL, THG: Forward Rate of Return (Yacktman) % Comparison
For the Insurance - Property & Casualty subindustry, Old Republic International's Forward Rate of Return (Yacktman) %, along with its competitors' market caps and Forward Rate of Return (Yacktman) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Old Republic International Forward Rate of Return (Yacktman) % vs Insurance Industry
For the Insurance industry and Financial Services sector, Old Republic International's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Old Republic International's Forward Rate of Return (Yacktman) % falls into.
Old Republic International Forward Rate of Return (Yacktman) % Calculation
Forward Rate of Return is a concept that Don Yacktman uses in his investment approach. Yacktman explained the forward rate of return concept in detail in his interview with GuruFocus. Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. He said in the interview (March 2012, when the S&P 500 was at about 1400):
If the business is stable, this calculation is fairly straightforward. For instance, on the S&P 500 we would normalize earnings. We would then calculate what percentage of those earnings are not reinvested in the underlying businesses and are therefore free. Historically, for the S&P 500, this has been just under 50% of earnings. Currently, we expect the S&P to earn about 70 on a normalized basis, a number which is far below reported earnings due to our adjusting for record high profit margins. $70 X ½ / 1400 gives you a normalized free cash flow yield of approximately 2.5%.
The historical real growth rate of the S&P 500 (companies) is about 1.5%. Assuming an inflation rate of 2.5%, the forward rate of return on an investment in the S&P 500 is about 6.5% today (2.5% free cash flow yield plus 1.5% real growth plus 2.5% inflation).
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Forward Rate of Return (Yacktman) % of 9.15% mean?
Old Republic International (ORI) has a Forward Rate of Return (Yacktman) % of 9.15% as of Jun. 2026. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Old Republic International and its competitors. This is 47% below median its historical median of 17.36. Over the past decade, Old Republic International's Forward Rate of Return (Yacktman) % has ranged from 2.69 to 36.01. According to the industry distribution chart, Old Republic International ranks #193 out of 280 companies in the Insurance industry, placing it in the top 68.9%.
Is Old Republic International's Forward Rate of Return (Yacktman) % too high?
Old Republic International's current Forward Rate of Return (Yacktman) % of 9.15% is 47% below median its 10-year median of 17.36. Over the past 10 years, this metric has ranged from a low of 2.69 to a high of 36.01. The Insurance industry median Forward Rate of Return (Yacktman) % is 17.03. Old Republic International's value of 9.15% is 46.3% below this industry median. Based on the distribution chart, Old Republic International ranks #193 out of 280 companies in the Insurance industry, which is below the industry midpoint. Overall, Old Republic International has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Old Republic International's Forward Rate of Return (Yacktman) % compare to AFG and KNSL?
According to the Insurance industry distribution chart, Old Republic International ranks #193 out of 280 companies for Forward Rate of Return (Yacktman) %. This places Old Republic International in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 17.03. Old Republic International's value of 9.15% is 46.3% below this benchmark. Historically, Old Republic International's own Forward Rate of Return (Yacktman) % has ranged from 2.69 to 36.01 over the past decade. While the company's 10-year median is 17.36 vs. the industry median of 17.03, Old Republic International has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Rate of Return (Yacktman) % for an Insurance company?
The median Forward Rate of Return (Yacktman) % among Insurance companies is 17.03, based on 280 companies in the industry. Companies in the top quartile (top 25%) have a Forward Rate of Return (Yacktman) % significantly above this median, while those in the bottom quartile fall well below. However, Forward Rate of Return (Yacktman) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Old Republic International's current Forward Rate of Return (Yacktman) % of 9.15% is 46.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Rate of Return (Yacktman) % mean?
A high Forward Rate of Return (Yacktman) % can signal that a stock is expensive relative to its fundamentals. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Old Republic International and its competitors. For the Insurance industry, the median Forward Rate of Return (Yacktman) % is 17.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Old Republic International's current Forward Rate of Return (Yacktman) % is 9.15%, which is 47% below median its own 10-year median of 17.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Old Republic International stock overvalued right now?
Based on GuruFocus' analysis, Old Republic International (ORI) is currently considered Fairly Valued. The stock's GF Value™ is $39.09, compared to a current price of $42.07 — trading 7.6% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 9.15%, which is 47% below median its 10-year median of 17.36 and 46.3% below the Insurance industry median of 17.03. Old Republic International's overall GF Score™ is 84/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Rate of Return (Yacktman) % calculated?
Forward Rate of Return (Yacktman) % is calculated from a company's financial statements. For Old Republic International (ORI), the current Forward Rate of Return (Yacktman) % is 9.15% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Old Republic International (ORI) Overvalued in 2026?
Based on GuruFocus' analysis, Old Republic International stock appears to be overvalued.
The current stock price of $42.07 is trading 7.6% above its estimated GF Value™ of $39.09.
GuruFocus considers Old Republic International to be Fairly Valued.
Key valuation signals for ORI:
Forward Rate of Return (Yacktman) %: 9.15% (47% below median its 10-year median of 17.36)
GF Value™: $39.09 vs. price of $42.07 (7.6% above fair value)
Industry Position: 46.3% below the Insurance median (#193 of 280)
No single metric tells the full story. See the ORI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Old Republic International Corp is engaged in the business of insurance underwriting and related services. The company operates in two segments: Specialty Insurance and Title Insurance. The insurance provided by the company includes Automobile Extended Warranty Insurance, Aviation, Commercial Automobile Insurance, Inland Marine, Travel Accident, Workers' Compensation, Financial Indemnity, and others. The company generates the majority of its revenue from Specialty Insurance. The Specialty Insurance provides property and liability insurance principally to commercial clients.
84GF Score
Get the complete analysis for ORI
Forward Rate of Return (Yacktman) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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